Newport Beach, CA 92662,127 Pearl
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Newport Beach, CA 92662,127 Pearl
Newport Beach, CA 92662,127 Pearl
Newport Beach, CA 92662,127 Pearl
Newport Beach, CA 92662,127 Pearl
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$ 4,195,000
Est. payment /mo
Price Dropped by $100K

127 Pearl Newport Beach, CA 92662

3 Beds

3 Baths

2,752 SqFt


OPEN HOUSE

Thu Nov 07, 1:00pm - 4:00pm

Fri Nov 08, 1:00pm - 4:00pm

Sat Nov 09, 1:00pm - 4:00pm

UPDATED:

11/04/2024 10:26 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,752 sqft

Price per Sqft $1,524

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID NP24183411

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1984

Lot Size 2,548 Sqft

Property Description

Lowest Price Per Square Foot on Balboa Island!
At just $1,524 per square foot, this is the lowest priced per square foot home on Balboa Island and the second lowest priced home overall on the entire island! The seller is motivated to make a deal, so don't miss out! Located two blocks from the Ferry on the sunny side of a prime street, this home includes those hard-to-get short-term rental permits. It offers three spacious bedrooms, two and a half baths, plus a loft. The open, airy floor plan features a gourmet kitchen with stainless steel appliances, granite countertops, and a large island. The master suite boasts a walk-in closet and en-suite bath, and outside, a cozy courtyard invites you to relax in the ocean breeze.

With a strong rental history, this is the perfect investment, second home, or income-generating property. 127 Pearl Ave is ideal for full-time living, a vacation getaway, or turnkey rental income—a rare find in the heart of Balboa Island!

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Zoning R-BI

Rooms

Ensuite Laundry Inside, Upper Level

Interior

Interior Features Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Dry Bar, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Pantry

Laundry Location Inside,Upper Level

Heating Forced Air

Cooling None

Flooring Carpet, Wood

Fireplaces Type Living Room

Inclusions washer/dryer/refrigerator

Fireplace Yes

Appliance 6 Burner Stove, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Trash Compactor, Tankless Water Heater

Laundry Inside, Upper Level

Exterior

Exterior Feature Lighting

Garage Garage Faces Rear

Garage Spaces 1.5

Carport Spaces 1

Garage Description 1.5

Fence Wrought Iron

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Sewer Connected

Waterfront Description Beach Access

View Y/N Yes

View Neighborhood

Roof Type Shingle,Slate

Porch Concrete, Deck, Enclosed, Patio

Parking Type Garage Faces Rear

Attached Garage Yes

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Landscaped

Dwelling Type House

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Cape Cod

Level or Stories Two

New Construction No

Schools

High Schools Corona Del Mar

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05004224

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Annie Clougherty • Compass • annie.clougherty@compass.com

Chuck Lamm

Broker Associate | License ID: 00857151

+1(818) 652-2876

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127 Pearl